Remove 2020 Remove Data Governance Remove Data Management
article thumbnail

Data Governance is Vital to the Future of a World Ruled by Artificial Intelligence

Smart Data Collective

billion in 2019 and is growing at a pace of 42% a year between 2020 and 2027. Data governance is going to be one of the most crucial things in the future as we work towards more adoption of artificial intelligence and machine learning. This will only work if they have access to that unlimited data. The AI Revolution.

article thumbnail

Why Data Privacy and Data Governance Will Be Even More Mission-Critical in 2021

Dataversity

2020 was certainly a year of surprises, and perhaps the most acute lesson learned by businesses and consumers alike is that nothing is impossible. Looking within the lenses of Data Management, data security, and privacy, the same holds true. The internet is awash with data that is […].

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why Effective Data Management Is Key in a Connected World

Dataversity

2020 saw a rapid acceleration in digital transformation, and this trend shows no sign of slowing down in 2021. The smart factory and plant now incorporate an array of connected technologies, all generating a vast volume of data. As a result, data will continue its exponential growth, […].

article thumbnail

How Data Management and Big Data Analytics Speed Up Business Growth

BizAcuity

Big Data technology in today’s world. Did you know that the big data and business analytics market is valued at $198.08 billion in 2020? Or that the US economy loses up to $3 trillion per year due to poor data quality? quintillion bytes of data which means an average person generates over 1.5 Data Management.

Big Data 130
article thumbnail

How The Explosive Growth Of Data Access Affects Your Engineer’s Team Efficiency

Smart Data Collective

In fact, you may have even heard about IDC’s new Global DataSphere Forecast, 2021-2025 , which projects that global data production and replication will expand at a compound annual growth rate of 23% during the projection period, reaching 181 zettabytes in 2025. zettabytes of data in 2020, a tenfold increase from 6.5

Big Data 288
article thumbnail

Practical Points from the DGPO: Three Key Aspects of Data Governance

The Data Administration Newsletter

In October 2020, the Office of the Comptroller of the Currency (OCC) announced a $400 million civil monetary penalty against Citibank for deficiencies in enterprise-wide risk management, compliance risk management, data governance, and internal controls.

article thumbnail

My Thoughts on Day Two Keynote of SAP Sapphire Orlando 2023

Timo Elliott

The company was on track for a record-breaking revenue year in 2020, but was suddenly shut down due to the pandemic, reducing its workforce drastically within two weeks. For instance, Hanes has leveraged RISE with SAP to enable enterprise data management and advanced analytics.